Acquired · JPMorgan Chase · Overview
JPMorgan Chase
Run-it-hot operating discipline at a regulated megabank.
Major events · 2000–2025
- 2000Leadership
Dimon takes over Bank One
He inherits a troubled, poorly integrated bank and begins consolidating systems, reserves, and risk practices.
Acquired: The Jamie Dimon Interview (July 2025)
- 2004Acquired by
Bank One merges with JPMorgan Chase
Bank One shareholders receive 42% of the combined company; Dimon later becomes CEO.
Acquired: The Jamie Dimon Interview (July 2025)
- 2008Acquired co.
Bear Stearns and WaMu join the platform
JPMorgan uses its capital position to absorb two institutions during the financial crisis, while recognizing substantial legal and integration costs.
Acquired: The Jamie Dimon Interview (July 2025)
- 2025Acquired covered
Acquired interviews Jamie Dimon
The conversation examines the operating system behind the modern bank.
Acquired: The Jamie Dimon Interview (July 2025)
Origin
Build a diversified financial institution whose businesses reinforce one another and whose balance sheet can keep playing offense through a crisis.
The episode treats today's JPMorgan Chase as the product of a sequence of combinations, especially Bank One's 2004 merger with JPMorgan Chase and the crisis-era additions of Bear Stearns and Washington Mutual. Its central operating story is Dimon's conversion of a fragmented Bank One into a risk-disciplined platform.
Key facts
Bank One value when Dimon arrived
$21B
Equity raised after WaMu
$11B
Stress tests
100 / week
Episodes · 1 covering this company